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Markets were turned upside down after July payrolls came in at -23,000 versus 80,000 expected, alongside another 103,000 jobs wiped out through previous revisions. Treasury yields collapsed, gold surged, stocks rallied and Bitcoin broke above $65k as traders rapidly repriced the economic outlook.
Meanwhile, the US and Japan launched a historic joint intervention to support the yen, with Washington’s involvement potentially helping Japan avoid dumping US Treasuries. We’ll break down Bessent’s unusual yen bet, the latest Iran developments, the fading CLARITY Act, Bitcoin’s breakout and what Wednesday’s crucial CPI report could mean next.
Plus, TA with Jordan, Tweets of the Week, Dates for Your Diary and much more.
📊Grab Total 90,020 Prize on Toobit and Receive Lifetime VIP1 upgrade👉 https://go.coinbureau.com/toobit-cbp
📈Bitget up to 50K USDT Deposit Bonus get VIP 3 Trial (Enjoy fee discount up to 38% off + free token airdrop) 👉 https://go.coinbureau.com/bitget-geta...
🛒 Get The Hottest Crypto Deals 👉 https://www.coinbureau.com/deals/
~~~~~
Markets were turned upside down after July payrolls came in at -23,000 versus 80,000 expected, alongside another 103,000 jobs wiped out through previous revisions. Treasury yields collapsed, gold surged, stocks rallied and Bitcoin broke above $65k as traders rapidly repriced the economic outlook.
Meanwhile, the US and Japan launched a historic joint intervention to support the yen, with Washington’s involvement potentially helping Japan avoid dumping US Treasuries. We’ll break down Bessent’s unusual yen bet, the latest Iran developments, the fading CLARITY Act, Bitcoin’s breakout and what Wednesday’s crucial CPI report could mean next.
Plus, TA with Jordan, Tweets of the Week, Dates for Your Diary and much more.